Saturday, 26 March 2011
US Home Prices Hit Nine Year Low - Press TV
Average US house prices are down to 2002 levels with the economy set to stagnate further. The recovery you have been seeing in the stockmarket is largely due to people buying on the propaganda that there is a recovery underway and massive injections of capital (market rigging) by the Federal Reserve Bank and its proxies.
[Posted at the SpookyWeather blog, March 26th, 2011.]